In the wake of the COVID-19 pandemic, millions of people are now working from home. Bosses and leaders around the country were forced to make an emergency decision to follow government orders and keep their teams safe. But now that we’re living in this environment, many teams are realizing the objective benefits of working from home—and they’re interested in working from home indefinitely.
If you find yourself in this situation, you may consider moving. But why is moving such a beneficial strategy while you’re working from home?
The Benefits of Moving
Let’s take a look at the potential benefits of moving to a new home while working from home:
Lower cost of living. You’re making a respectable salary working from home. Assuming your job is the same no matter where you’re working, you should be able to make that salary anywhere.
But around the country, there are different costs of living, often based on average salaries in the area. It’s much more expensive to live in downtown New York City, for example, than in the middle of rural Ohio.
If you can work a job making a New York City salary in rural Ohio, you can get away with far lower expenses, and ultimately have more money leftover each month. Given enough time, this is a fantastic way to build wealth.
New surroundings. Moving to a new area could also help you work more efficiently and live happier in new surroundings. Many people choose where to live because of their jobs; they move to a specific city because they got an offer there, or they go to a certain area because they know many jobs are available. But if you’re working from home, you’ll have the option to move anywhere you want—which means finding a city or area closer to your heart.
The best home office. Working from home is much easier and much more enjoyable when you have a great home office to support you.
Unfortunately, many people aren’t able to create the home office of their dreams because of the existing structure of their current home. Moving could help you find a home where you can establish a much better setup.
Time and flexibility. While working from home, you won’t have to worry about the daily commute, and you’ll likely enjoy the benefits of more flexible hours. With more time and flexibility, you’ll be much better able to manage a move—and you’ll be far less stressed looking for a new home.
Selling Your Current Home
One of the first steps in this process is selling your current home. If you’re having a hard time attracting buyers, you might be stuck in this position, unable to transition to a home that can better support your work-from-home lifestyle.
If this happens to you, there are several strategies that could help. With the assistance of a real estate agent, you can lower the price, better stage the home, or employ other strategies to sell the home faster. But it might be even quicker and more convenient if you sell the home for cash. This way, you’ll be able to get to a new area as quickly as possible, and start enjoying the benefits.
Key Tips for Success
If you want to be successful in moving to a new home while working from home, there are a few important tips to follow:
Set priorities. Everyone will have different priorities when deciding to move, but it’s important to carefully consider and document those priorities. For example, are you most interested in finding an area with a low cost of living? Or is it more important that you find a home with the best possible home office setup?
Travel to new places. Before you finalize your moving decision, consider traveling to many different areas. Visit a handful of cities that have always fascinated you and try to spend a few days in each one. What do you like about them? Could you see yourself living here?
Research expenses. Before moving to a new city, make sure you research the expenses you might face. What are property taxes like? How much will you be paying for basic items like groceries and utilities?
Contemplate your home office. Finally, when reviewing new properties, keep a critical eye on each one’s ability to support a home office. Is there a room of the home that stands out to you?
Ultimately, moving to a new home while working remotely can benefit you in many different ways. You’ll be able to work more efficiently, you can save a ton of money, and you might be happier in your new surroundings. Keep an open mind, and review as many options as possible before making a final decision.